NEW YORK, Feb. 8 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
-- S&P SmallCap 600 constituent AptarGroup Inc. will replace Ventana Medical Systems Inc. in the S&P MidCap 400, and NewMarket Corp. will replace AptarGroup in the S&P SmallCap 600 after the close of trading on Tuesday, February 12. Ventana Medical Systems is being acquired by Roche in a deal expected to be completed soon.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
AptarGroup is a global supplier of a broad range of dispensing systems for the fragrance/cosmetic, personal care, pharmaceutical, household and food/beverage markets. Headquartered in Crystal Lake, IL, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Metals & Glass Containers Sub-Industry index.
NewMarket engages in the development, manufacture, and blending of chemical additives. Headquartered in Richmond, VA, the company will be added to the S&P SmallCap 600 GICS Specialty Chemicals Sub-Industry index.
Following is a summary of the changes: S&P MIDCAP 400 INDEX - February 12, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED AptarGroup Materials Metals & Glass Containers DELETED Ventana Medical Health Care Life Sciences Tools & Systems Services S&P SMALLCAP 600 INDEX - February 12, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED NewMarket Materials Specialty Chemicals DELETED AptarGroup Materials Metals & Glass Containers
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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